LOS ANGELES, Oct. 26, 2018 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ServiceSource International, Inc. (“ServiceSource” or “the Company”) (NASDAQ: SREV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. ServiceSource announced disappointing third quarter financial results on October 18, 2018, and additionally revised its full-year financial guidance lower. The Company announced the resignation of CFO Robert Pinkerton on the same day. Based on this news, ServiceSource shares dropped more than 45% the next day.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
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CONTACT:
The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.
310-301-3335
info@schallfirm.com